4 issues driving today’s oil price
21st February 2008 by

Quietly, oil has moved back to the $100/bbl level. This is quite different from January, when it fir...

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Will lower interest rates help?
7th January 2008 by

A reader has kindly sent me an interesting analysis from Richard Bernstein, Chief Investment Strateg...

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Another day, another $17bn
11th December 2007 by

News that UBS, the major investment bank, has had to follow Citigroup in raising new capital in a hu...

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Inflation makes a comeback
29th October 2007 by

Oil prices last week rose to an all-time, inflation-adjusted, high in New York at over $92/bbl. Mean...

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Dow warns
26th September 2007 by

Dow CEO Andrew Liveris has spelled out very clearly his concerns about the impact of the US subprime...

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One week later
25th September 2007 by

A week ago, I wrote that it would be important to see if ‘the US Federal Reserve can pull a rabbit...

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The hurricane touches down
18th September 2007 by

Extraordinary events have taken place in the UK since my posting on Friday: • A bankrun took place...

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To cut, or not to cut?
9th September 2007 by

One of the benefits of writing this blog is that it provides the opportunity to research behind the ...

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A tale of two outlooks
20th July 2007 by

If you read the financial pages of your newspaper, everything sounds rosy. But if you turn to the ne...

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2008 Budgets just became more difficult to finalise
17th July 2007 by

Central bankers are like generals. They seem to prefer fighting their last war, rather than preparin...

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